In its formative years, Mad Science was a past-time for brothers Ariel and Ron Schlien, who were teaching a science enrichment program at their local YMCA. Mad Science’s programs at the Y soon led to programs at other community centers, which led to after-school programs and workshops in local schools, and science-themed special events held around the city. By 1995, the expansion of this science enrichment and educational concept was inevitable.
By the end of 1996, Mad Science had 28 locations across North America. Today, the Mad Science Group is a family of education, entertainment and production companies serving children, parents and communities around the globe with over 200 locations in 20 countries.
Market
- Franchising since: 1995
- Locations - U.S.: 135+
- Locations - Canada: 20+
- Locations - Foreign: 20+
- Company Owned: 0
Costs & Fees
- Total Investment: $38K - $78K
- Franchise Fee: $9.5K - $23.5K.
- Unencumbered Capital Required: $15K - $30K
- Net Worth Requirement: $50K
Financial Requirements
- New Franchises: $38K - $78K
- Re-Sales: N/A
Other Facts
- Financing: Third party.
- Royalty: 8% of gross revenues
- Advertising Fee: Not specified
- Training: 5 Days at Head Office and 5 Days at Franchise Location
- Location: Home- or Office-Based
- Annual revenue: N/A
- Average revenue per location: N/A
